Forex Trading: GBPUSD staying below the 1.9453 resistance as London closes
By Greg Michalowski
Created Aug 7 2008 - 10:42am
The GBPUSD is remaining below the resistance level of 1.9453. This is the lowest closing level si9nce Feb 2008 The corrective move has taken the pair to 1,9452. A move above the 1.9453 level would most likely lead to some profit taking.